Neovian Partners accompanies Amethis conducting a Strategy Due Diligence for the Group Office Automation, Value-Added Reseller of Office Equipment

Neovian Partners accompanies Amethis conducting a Strategy Due Diligence for the Group Office Automation, Value-Added Reseller of Office Equipment

by | Jun 15, 2022 | 2022

Paris, 15 June 2022. Neovian Partners, strategy, development and leadership consulting accompanied the PE firm, Amethis, by conducting a strategy due diligence on the Group Office Automation, a French value-added reseller specialised in the printing solutions, electronic document management and associated maintenance services for B2B markets. 

Created in 1981, the Group Office Automation is a value-added reseller known for their Canon products in France, North Africa and Francophone Africa. The Group has many resellers of office products as their clients. Thanks to their large client portfolio, the group employs over 30 employees and generated over €37M in revenues in 2022.

This operation will allow the Group Office Automation to reinforce its position as leader on the French, North Africa and Francophone African markets while continuing its development thanks to Amethis’ support.

Neovian Partners, thanks to its deep experience in small-mid sized companies conducted the strategy due diligence and confirmed the significance of their positioning and their growth potential. The principle stake was to confirm the strategy of Group Office Automation, but also to analyse different development routes for the group in the years to come.

“ Thanks to our experience and depth of knowledge regarding the office equipment market, Neovian Partners conducted a review of the demand and offer for Group Office Automation’s market. We were able to qualify the growth potential for the group in its historical business, within the post-COVID context, where the major manufacturers tend to disengage from direct distribution which benefits the large resellers. We also identified four very interesting growth opportunities for the group in the upcoming years.”

Kevin Bailey, Partner

Kevin Bailey, Partner, piloted the team who accompanied Amethis on this operation.

About Neovian Partners

Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com

Contact the Neovian Partners team

Neovian Partners assisted Sparring Capital in their investment in Génie Flexion, provider of hydraulic hoses and fittings repair services

Neovian Partners assisted Sparring Capital in their investment in Génie Flexion, provider of hydraulic hoses and fittings repair services

by | May 19, 2022 | 2022, B2B Services, Buyer DD, Industrial Goods

Paris, May 19th, 2022. The strategy consulting firm Neovian Partners supported Sparring Capital in their investment in Génie Flexion, provider of hydraulic hoses and fittings repair services.

Created in 2001, Génie Flexion, a group specialised in the repair of hydraulic hoses and fittings, achieved a turnover of €16.3m in 2021 thanks to its network of 14 agencies and 97 intervention vehicles. Currently present in the North of France (Île-de-France, Hauts-de-France and Normandy), Génie Flexion aims to strengthen its activity in these regions and develop in the East, through the expansion of its intervention vehicles/points of sale/repair mixed business model.

Beyond the analysis of the French market of hydraulic hoses and fittings repair services, its underlying markets’ dynamics and the competitive landscape, the Strategic Due Diligence carried out by Neovian Partners successfully fulfilled the objective of apprehending the robustness of Génie Flexion’s business model and its growth perspectives over the next years, especially from an external growth and a regional development point of view.

Neovian Partners’ team was led by Patrick Richer, Founding Partner and Leonid Dorogoï, Head of Lyon.

“ We were delighted to support Sparring Capital in this operation. Génie Flexion, established provider of hydraulic hoses and fittings repair services, has a well-performing hybrid business model including fleet of vehicles and counters, which seems to us to be the most relevant, in a context of strong development of the fleet model and proven customer interest in having an additional point of sale/repair offer. Operating in a deep market, Génie Flexion has numerous growth levers to activate over the next years in terms of talent management, digitalisation, development of preventive maintenance, external growth…”

Patrick Richer, Partner

About Neovian Partners

Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com

Contact the Neovian Partners team
Neovian Partners concluded the Strategic Due Diligence of ÉPHIE on behalf of Albarest Partners

Neovian Partners concluded the Strategic Due Diligence of ÉPHIE on behalf of Albarest Partners

by | May 16, 2022 | 2022, Buyer DD, Industrial Goods

Lyon, May 16th, 2022. The strategic consulting firm Neovian Partners supported Albarest Partners in their investment in ÉPHIE Industries, an industrial group manufacturing metal accessories for numerous segments and bottle caps for luxury companies.

ÉPHIE Industries is a group composed of two merged companies: EAC and GRAINDORGE. Founded in 1992, EAC is specialised in the design and manufacture of metal accessories, especially for the footwear, leather goods, swimwear, lingerie and luxury markets. Founded in 1928, GRAINDORGE is specialised in the electroplating of plastic or metallic parts.

Neovian Partners has analysed the European offer of Zamak alloy (zinc, aluminium, magnesium and sometimes copper) in the premium cosmetics packaging field and its development perspectives over the next years (creation of a European Zamak pole, buying process and key purchasing criteria, alternative solutions, supply difficulties, etc.).

The team was led by Patrick Richer, Founding Partner and Leonid Dorogoï, Head of Lyon.

“ It was a pleasure for us to support Albarest Partners in their investment in Éphie Industries. Although packaging specialists have lately faced shortage of raw materials, supplying difficulties and relatively limited level of customer orders, Éphie Industries managed to handle these points thanks to the quality of its management, its premium positioning, and its strong brand image. In the future, the group’s expertise should find applications in a large number of sectors related to high-value parts/sub-assemblies.”

Patrick Richer, Partner

About Neovian Partners

Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com

Contact the Neovian Partners team
Neovian Partners assisted Ekkio Capital in their divestment of Groupe Thoiry

Neovian Partners assisted Ekkio Capital in their divestment of Groupe Thoiry

by | Apr 13, 2022 | 2022, VDD

Paris, the 13th of April 2022. The strategy consulting firm Neovian Partners assisted the investment fund Ekkio Capital by conducting the strategic vendor due diligence of Groupe Thoiry, a major animal park operator, with more than one million visitors per year.

Founded in 1968, Groupe Thoiry operates the animal parks of Thoiry near Paris, Peaugres near Lyon, both in France, and the animal park of Santo Inacio near Porto, in Portugal. Groupe Thoiry stands out for its unique positioning, with a focus on immersion in nature, wide open spaces, and animal welfare. The pandemic has reinforced the interest of the French population in local destinations close to nature, creating a favourable market environment for the Group. The Group is a pioneer in immersive experiences in the sector, notably with the Fête des Lumières Sauvages event, organised during the winter season, where visitors can discover animal lanterns spread throughout the parks. The Group has also developed alternative accommodation at Thoiry and Peaugres, offering visitors a unique experience of getting back to nature during their stay.

Neovian Partners assisted Ekkio Capital in the sell-side strategic audit of Groupe Thoiry on its scope of activity. The aim of the mission was to assess the market developments to be expected over the next 5 years. To this end, Neovian Partners studied the growth potential of the various segments of the offer of the Group (animal parks and alternative accommodation), their evolution as well as the positioning of Groupe Thoiry within these markets. The mission also included an in-depth study of the competitive environment and the characteristics of the demand.

“ Neovian Partners’ experience in the tourism and leisure sector has enabled us to carry out an in-depth study of Groupe Thoiry’s markets. Neovian Partners was able to quantify the potential of Groupe Thoiry’s catchment areas, in various geographies largely undocumented, while providing a national and representative panel of the French general public’s expectations of animal parks. The mission also enabled us to establish an exhaustive competitive overview of animal parks in France and to validate the Group’s development paths.”

Patrick Richer, Partner

The analysis conducted by Neovian Partners also highlighted the excellent brand image of Groupe Thoiry and high barriers to entry to its markets, which should ensure the growth of the Group in the years to come. Through this transaction, Ekkio Capital has sold its entire stake in Groupe Thoiry to a group of investors led by Kartesia, associated with Christelle Bercheny, General Director of Groupe Thoiry, and her management team. Ekkio Capital reinvested as a minority shareholder in this transaction

Patrick Richer, Partner, has led the mission.


About Neovian Partners


Neovian Partners

is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com

Contact the Neovian Partners team
Neovian Partners concluded the Vendor Strategic Due Diligence of Agora Technologies, leader of the French public lighting market

Neovian Partners concluded the Vendor Strategic Due Diligence of Agora Technologies, leader of the French public lighting market

by | Mar 2, 2022 | 2022, Industrial Goods, VDD

Paris, March 2nd, 2022. The strategy consulting firm Neovian Partners supported the Agora Technologies group, in the context of the restructuring of its capital, by completing a Vendor Strategic Due Diligence.

Created in 1836 and originally specialised in foundry products for public lighting and street furniture, the group has developed a broad range of capabilities through progressive business integrations such as the acquisition of Eclatec in 2005, leading to the creation of Agora Technologies in 2017, a group currently composed of four subsidiaries: GHM, Eclatec, Metalec and TTT. Together with Metalec, Eclatec manufactures between 200,000 and 250,000 luminaires each year, of which 95% are LED-based, thus realising €82.3 million in turnover, whilst GHM is a historic French foundry, generating €71.5 million of revenues in 2019.

The mission of Neovian Partners carried out a Strategic Vendor Due Diligence, by analysing the depth and dynamics of the Luminaires, Supports and Street furniture markets and their competitive environments. Neovian Partners also identified several growth opportunities, such as benefiting from export opportunities in a selection of geographical areas, developing smart IoT solutions for public lighting, integrating an in-house solution in the field of galvanisation or establishing a partnership with a specialised player in the street furniture market.

The team was led by Patrick Richer, Founding Partner and Leonid Dorogoï, Head of Lyon.

“ Neovian Partners has carried out an in-depth study of Agora Technologies’ markets. Leveraging its production capabilities and reputation on both the luminaire and support markets as well as benefiting from a strong historical legacy, the group has secured a solid position in its competitive environment. Largest player with a strong network, Agora Technologies is among the few to produce luminaires in France on a market which shows a strong preference for “made in France” products. Given the solidity of the market and the numerous growth opportunities, Agora Technologies is likely to pursue its strong development. “

Patrick Richer, Partner

About Neovian Partners

Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com

Contact the Neovian Partners team
Neovian Partners supports Calcium Capital in its investment in Cler Verts

Neovian Partners supports Calcium Capital in its investment in Cler Verts

by | Jan 5, 2022 | 2022, Buyer DD, Energy, Utilities & Environment

Paris, 5 January 2022 The strategy consulting firm Neovian Partners has assisted the investment fund Calcium Capital by conducting the Strategic Due Diligence of Cler Verts, a French player in the collection and recovery of green waste, bio-waste and wood waste

Founded in 2003, with a turnover of around €8m, Cler Verts is a major player in the Occitanie region. With the capacity to collect, sort and recycle waste in three distinct waste segments and owning a methanisation plant, Cler Verts now has a very complete offer that it aims to expand in the coming years by studying several areas for diversification.

Calling on Neovian Partners, Calcium Capital wanted to (1) clarify its understanding of the challenges and dynamics of the French waste recycling and recovery market, particularly with regard to the complexity and changing nature of the regulatory framework, which is fundamental to this market, (2) clarify Cler Verts’ competitive positioning in the Occitanie region and (3) assess the relevance of the diversification opportunities identified by management.

Neovian Partners was able to validate the solid positioning of Cler Verts in its region in view of its excellent reputation, its strong competitiveness on calls for tender, its unique ability to adapt to the specificities of the client during collection and the relevance of the established partnerships.

” Neovian Partners was also able to leverage, in a very short timeframe, its energy transition market expertise, driven by a consistent regulatory framework and mastered by our teams, which allowed us to accurately determine the market segments that are the most relevant for the Cler Verts group. The experience acquired on the operational challenges to support the ambitious growth also allowed us to validate the management’s choices, particularly on the complex management of transport and commercial excellence.“

Patrick Richer, Partners.

The project was led by Patrick Richer and Sélim Bouaïcha, Manager


About Neovian Partners

Neovian Partners is a consulting firm specializing in the creation of tailored solutions in Strategy, Business Due Diligence, Strategic Screening and HR/Leadership, serving fast-growing investment funds, SMEs and MSCs. Based in Paris and Lyon with a team of about 30 consultants, Neovian Partners is also present internationally, with a network of partner firms with more than 500 employees in 21 countries. Neovian Partners is a generalist firm but with a particularly important project history in software, IT, Internet, Industry, Health and MedTechs, as well as in many niche sectors. More information on : www.neovianpartners.com

Contact the Neovian Partners team